Articles & Videos

CRI GAINESVILLE – Frank Mason: Chamber Lunch & Learn – How to Enhance Your Marketing Strategy With Video

2020-08-13T12:49:19-05:00August 13th, 2020|Around Town|

CRI Partner Frank Mason recently presented information regarding COVID-19 funding to members of the Gainesville Chamber of Commerce members on August 12, 2020. This virtual webinar included information about CRI and the services we provide as well as Frank's advice on the CARES Act funding application process.

IRS Proposes Regulations to Implement TCJA’s Simplified Small Business Tax Accounting Rules

2020-08-13T10:55:14-05:00August 13th, 2020|BUSINESS TAX|

The IRS has issued proposed regulations to implement changes to simplified tax accounting rules for small businesses enacted by the Tax Cuts and Jobs Act (TCJA). The TCJA modified provisions in the Internal Revenue Code that allow businesses with annual incomes below a certain level to account for income and expenses differently than businesses that exceed the [...]

CRI DESTIN – Katie Byrd: FICPA 2020-2021 Class Of Emerging Leaders Program

2020-08-12T15:48:16-05:00August 12th, 2020|Around Town|

Katie Byrd, a Supervising Senior at CRI Destin, has been selected to become part of the Florida Institute of Certified Public Accountants' (FICPA) 2020-2021 Class of Emerging Leaders. The 18 individuals chosen for this year's program represent the best and brightest of young CPA professionals in the state of Florida and Katie most definitely fits [...]

Top 25 Nationally Ranked Carr, Riggs & Ingram (CRI) Welcomes Cookeville-Based Firm, Duncan, Wheeler & Wilkerson, P.C.

2020-08-12T08:25:28-05:00August 12th, 2020|PRESS RELEASES|

COOKEVILLE, TN - (AUGUST 12, 2020) - Top 25 nationally-ranked CPA and advisory firm Carr, Riggs & Ingram, LLC (CRI) continues to expand its presence in the state of Tennessee by increasing its locations to serve clients through the addition of the Cookeville office of Duncan, Wheeler & Wilkerson, P.C. Duncan, Wheeler & Wilkerson will amplify CRI’s [...]

CRI JACKSON – Joe May: Insurance Regulatory Examiners Society – Career Development Seminar

2020-07-29T13:36:39-05:00July 29th, 2020|Around Town|

CRI Partner Joe May will be speaking on "Reliance on Third Party Controls" on August 17, 2020 via virtual webinar. This session will cover control reliance as it relates to the regulatory examination process and will be open to the public.

The IIA’s Three Lines Model: A Summary


The Institute of Internal Auditors (IIA) has released an update to The Three Lines of Defense Model, now known as the Three Lines Model. Issuance of the new model is both timely and relevant, considering the circumstances surrounding COVID-19 and the anticipated economic/business impact on a prospective basis. The model is based on six key [...]

CARES Act and Provider Relief Fund Single Audit

2020-07-27T17:20:30-05:00July 27th, 2020|COVID-19, DISASTER RECOVERY, GOVERNMENTS, HEALTHCARE|

In less than four months, the United States government has distributed (or is in the process of distributing) over $600 billion of funding to state and local governmental entities, and healthcare providers of almost all types. This funding was authorized in various spending bills between March and May of 2020, with the most substantial portion [...]

Thriving Under COVID: How the Best Companies Do More Than Just Survive


Sometimes progress comes from dire situations. Consider the lodgepole pine: The tree’s hard cones release their seeds only when exposed to the crucible of a fire. Likewise, economic crises can highlight the natural resilience of members of the entrepreneurial ecosystem. The COVID-19 pandemic has uprooted our lives and the way we work, but agile and [...]

CRI MONTGOMERY – Chad Singletary: ASPCA’s Not-For-Profit Summit

2020-07-21T14:59:59-05:00July 21st, 2020|Around Town|

On July 30, 2020, CRI Partner Chad Singletary will be discussing the effects COVID-19 has had on not-for-profit organizations in the last few months. This discussion will be held online, via virtual webinar, where you can find an array of topics from 8 a.m. - 4 p.m. Chad's section will begin at 1:50 and end [...]

CRI NEW ORLEANS – Jose Aponte: LCPA 2020 Not-For-Profit Workshop

2020-07-21T13:21:00-05:00July 21st, 2020|Around Town|

CRI Partner Jose Aponte will be presenting a 1 hour CPE credit presentation on July 31, 2020. This virtual webinar, aimed towards CPAs and accountants who work with NFPs, will cover the aftermath of the new not-for-profit reporting standard.

CRI ATLANTA – Bob Steinhardt: Multiply Your Success with Tom DuFore | Avoiding IRS Red Flags

2020-07-29T16:46:19-05:00July 17th, 2020|Around Town|

Recently, CRI Partner Bob Steinhardt was a guest on the "Multiply Your Success" podcast hosted by Tom DuFore. On this episode, Bob shed light on how to avoid unnecessary attention from the IRS while maintaining financial clarity and stability.

How the Paycheck Protection Program Affects Nonprofit Organizations

2020-07-20T14:16:35-05:00July 14th, 2020|NOT-FOR-PROFITS, REVENUE RECOGNITION|

The terms COVID-19, CARES Act, Paycheck Protection Program (PPP), and PPP Flexibility Act of 2020 (PPP Flexibility Act), are likely now a part of your daily vocabulary. The introduction of these new programs means that there are now some important considerations that your nonprofit organization should be aware of as you continue to navigate through [...]

Top 25 Nationally-Ranked Carr, Riggs & Ingram Expands Healthcare Industry Leadership

2020-07-14T09:24:07-05:00July 14th, 2020|PRESS RELEASES|

CRI Welcomes Healthcare Accounting Industry Partners Shane Hariel and David Williams ENTERPRISE, ALABAMA – (JULY 14, 2020) – Top 25 nationally-ranked accounting and advisory firm, Carr, Riggs & Ingram, is proud to announce that healthcare accounting industry veterans Shane Hariel and David Williams recently joined their Jackson, Mississippi practice location. Boasting more than 35 years [...]

CRI GAINESVILLE – Frank Mason: Chamber Lunch & Learn: Who Moved the Room?

2020-07-21T12:44:15-05:00July 12th, 2020|Around Town|

CRI Partner Frank Mason presented information via Facebook Live to Gainesville chamber members and guests on July 8, 2020. This presentation covered the industry specialties, services, and portfolio companies that CRI has to offer.

Back to Profitability: How Small Businesses Can Emerge Stronger from Crisis


“Bad businesses are destroyed by a crisis; good businesses survive them; great businesses are improved by them.” —Andy Grove, former CEO, Intel There’s nothing like a crisis to give people clarity and crystallize the fundamentals of running a successful business. Although this crisis has been unlike anything we’ve seen before in our lifetimes, it has [...]

CRI ATLANTA – Sam Clark: Atlanta Build Expo Show

2020-07-09T12:17:15-05:00July 9th, 2020|Around Town|

CRI Partner Sam Clark will be conducting a seminar on fraud at the Atlanta Build Expo Show on July 15, 2020. The seminar, titled "How to Avoid Getting Ripped Off", will be held at the Cobb Galleria Center in Atlanta, GA starting at 11:00 a.m. This seminar, as well as the expo show itself, will [...]

Financial Institution Regulatory Examinations and COVID-19

2020-07-07T12:20:04-05:00July 7th, 2020|COVID-19, FINANCIAL INSTITUTIONS|

The Federal Financial Institution Examination Council (FFIEC) has issued guidance for examiners to consider the effects of COVID-19 in safety and soundness examinations. The interagency guidance seeks to acknowledge the "unique, evolving and potentially long-term nature" of the issues arising from COVID-19 and the impact on financial institutions. However, the guidance also notes, "examiners will [...]

Paycheck Protection Program (PPP) Approved for Five Week Extension

2020-07-06T09:00:57-05:00July 6th, 2020|COVID-19|

On Tuesday, June 30, just hours before the application window for the Paycheck Protection Program (PPP) was scheduled to close, the U.S. Senate unanimously passed a five-week extension. The House of Representatives followed suit, and the act was signed into law by the President on July 4, 2020. The intention behind this extension is to [...]

Planning for Possible Workforce Reductions

2020-07-01T19:33:56-05:00July 1st, 2020|CONSTRUCTION|

Layoffs are a necessary, yet undesirable, fact of life for any business facing lean times. This is especially true for contractors during the current pandemic, as an uncertain future has many of them searching for ways to prepare for a potential downturn. It can become a delicate balancing act. While layoffs provide immediate savings, they [...]

IRS Provides Coronavirus-Related Relief for Qualified Opportunity Funds, Investors


The IRS has provided new relief for qualified opportunity zone (QOZ) investors and qualified opportunity funds (QOFs) in response to the ongoing COVID-19 pandemic. 180-Day Investment Window Opens Wider On April 9, 2020, the Department of the Treasury and the IRS provided relief to taxpayers affected by the COVID-19 emergency by postponing due dates with [...]